Environmentalists had a bad day yesterday after the EU Parliament revealed it will now label natural gas and nuclear as "green" energy investments.You see, the EU has a plan to become climate-neutral by 2050, which means the economy would boast net-zero greenhouse gas emissions. It's actually the keystone of the EU's climate commitment to the Paris Agreement, which was the first universal, legally...Read More
The Toronto-quoted equity of Labrador Gold (TSXV: LAB; US-OTCQX: NKOSF) closed 4% higher on Thursday after reporting the highest-grade intercepts to date from the flagship Kingsway project in Newfoundland.The company reports that hole K-22-174 intersected 284.1 grams per tonne of gold over 0.58 metres from 309.47 metres depth, and 15.05 grams per tonne over 1.11 metres from 310.71 metres depth.The...Read More
The following companies are the Top Ten Canadian-headquartered precious metal juniors that are developing projects but are not yet in production, ranked according to market capitalization as of June 7 and compiled by Mining Intelligence. Royalty and streaming companies are not included in this list.1 NovaGold ResourcesMarket Cap: $2.1 billionEmployees at Novagold Resources and Barrick Gold's Donli...Read More
Asante Gold (TSXV: ASE) has poured first gold at its Bibiani gold mine in Ghana.The mine is expected to produce 175,000 ounces of the precious metal over the next 12 months.The news follows the commissioning of the processing plant and associated equipment at the mine in early June.The Vancouver-based company said this was the final operating area of the process plant to be commissioned, adding...Read More
Moneta Gold (TSX: ME; US-OTC: MEAUF) has delivered new assay results from 12 drill holes totalling 6,266 metres. These were completed during exploration drilling on new targets at its Tower gold project, located 100 km east of Timmins, Ont.Highlight of the batch was drill hole MGA21-012, which intersected 5.1 metres at a bonanza grade of 50.09 grams gold per tonne, including 1.0 metre at 251.0 gra...Read More
Shenzhen-listed Tianqi Lithium has raised about HK$13.5 billion (US$1.71) billion in a secondary listing on the Hong Kong Stock Exchange, according to the Financial Times.The British daily newspaper reported that South Korea's LG Chem, a diversified chemical company, was a "cornerstone" investor in the IPO, which saw Tianqi sell about 164 million shares at about HK$82 ($10.45) apiece.The share sal...Read More
Shares of Solaris Resources (TSX: SLS; US-OTC: SLSSF) rose 10% in Thursday morning trading after the company reported identifying three new copper-molybdenum porphyry targets, five skarn targets s and a high-sulphidation epithermal gold target near its Warintza project in southeastern Ecuador.Solaris is exploring the project with seven drill rigs in a bid to expand Warintza's mineral resource es...Read More
Centamin (TSX: CEE; LSE: CEY) said on Thursday that exploration around its flagship Sukari gold mine in Egypt has allowed it to identify the potential for a satellite open pit within the concession as well as extensions of the underground orebody.The West Africa-focused gold miner also said it had completed the first airborne geophysical survey in Egypt, which it described as a milestone for the c...Read More
A rising demand to participate in the revenues from natural resources, tougher environmental protection rules and changes to laws are increasing risks for mining and energy companies across Latin America, even in countries once considered safe investment destinations, a new study shows.According to the 2022 Latin America Mining Risk Index, published by consultancy Americas Market Intelligence (AMI...Read More
We spoke with Dr. Toby Bradbury, who is President and CEO of Rambler Metals and Mining plc (AIM: RMM), a mining and development Company that brought its first mine into commercial production, in November 2012. Rambler has 100% ownership of the Ming Copper-Gold Mine, together with a fully operational base and precious metals processing plant and year-round bulk storage and shipping facility; all lo...Read More
In this issue, we bring you our popular annual look at "Canada's Top Ten" - this year focused on Canada's biggest mining companies, precious metals juniors, and base metals and uranium juniors by market cap. From year to year, these lists don't usually see dramatic changes, with the biggest companies often shuffling up or down one or two spots.This year, however, our Top Ten base metals and uraniu...Read More
Coppernico Metals' founder, CEO and director Ivan Bebek provides an update on the company's progress, 2022 plans and path to ...Read More
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Share this articleVANCOUVER - Brixton Metals Corp. [BBB-TSXV] shares rallied in active trading Wednesday after the company released the first batch of 2022 drill results from its 100%-owned Thorn Project, which is located in British Columbia's Golden Triangle area.The shares rose 4.3% or $0.005 to 12 cents on volume of 1.6 million. The shares are currently trading in a 52-week range of 24 cents an...Read More
As our clueless leader is no doubt realizing, the oil market isn't some unruly child who can be scolded into submission. Humanity's need for energy doesn't get put on hold while politicians squabble for the moral high ground. And campaign promises aren't nearly as powerful as reality. America's environmentalists got a refresher course on that concept when Biden announced new leases for off...Read More
Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) has released an integrated feasibility study for its Matawinie mine project and B?(C)cancour battery material plant, both in Quebec, that reported a higher capital expenditure than expected by BMO analysts.The projects are located within a 150-km radius of Montreal.According to the latest study, the Matawinie mine project is expected to produce an aver...Read More
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) believes that its Crawford project in northern Ontario contains the fifth largest nickel sulphide resource globally, after a new estimate released by the company on July 6 more than doubled the project's measured and indicated resource estimate.Its latest measured and indicated resources now total 1.4 billion tonnes grading 0.24% nickel and 6.59% ir...Read More
Marathon Gold (TSX: MOZ) has increased the mineral resource estimates for its Valentine gold project in central Newfoundland, the largest undeveloped bullion project in Atlantic Canada.The Toronto-based miner said that total measured and indicated mineral resources now stand at four million ounces (64.6 million tonnes at 1.90 grams gold per tonne), a 26% growth in ounces and over 10% increase in g...Read More
Granada Gold Mine (TSXV: GGM; US-OTC: GBBFF) has updated the mineral resource estimate at its flagship Granada property, a past producer located adjacent to the Cadillac Break in the Abitibi near Rouyn-Noranda, and is close to several gold deposits and operating mines in northwestern Quebec.This is the second time that the company has published a resource update since shifting its approach to the...Read More